Development

A mass timber project in Cleveland is now under construction and could be the nation’s tallest when completed. Harbor Bay Real Estate Advisors’ Intro development will rise nine stories with 298 residential units (Credit: Harbor Bay Real Estate Advisors)

Mass timber project in Cleveland could be nation’s tallest

What will be the country’s tallest wood building is headed skyward in Cleveland. Harbor Bay Real Estate Advisors is...

Mass timber project in Cleveland could be nation’s tallest
Joy Construction’s Eli Weiss (left), Maddd Equities’ Jorge Madruga (top), and Drew Katz (right) with 20 Bruckner Boulevard in the Bronx (Getty; Google Maps)

“Dream” comes true for long-vacant Bronx ice house

Over time, the stately but aging edifice at 20 Bruckner Boulevard became known as History Channel Building for the...

“Dream” comes true for long-vacant Bronx ice house
109 East 79th Street and Victor Sigoura (Google Maps; Getty)

Victor Sigoura lands $133M construction loan for UES condo

Victor Sigoura isn’t letting a soft luxury market or a pandemic hold up his boutique condo on the Upper...

Victor Sigoura lands $133M construction loan for UES condo
A rendering of 1998 Second Avenue in Harlem and Peter Fine (Credit: GF55 Architects)

Peter Fine inks $70M construction loan for Harlem resi project

Developer Peter Fine has secured a $70 million construction loan for a massive residential project in East Harlem, a...

Peter Fine inks $70M construction loan for Harlem resi project
The Hayworth at 1289 Lexington Ave and Ceruzzi Properties’ Arthur Hooper (Rendering Hooper by Sasha Maslov)

“We’re exploring everything”: Ceruzzi’s UES condo under pressure after loan falls through

Ceruzzi Properties is struggling to secure a lifeline at its Hayworth condominium on the Upper East Side, as the pandemic heaps pressure on overstocked...

“We’re exploring everything”: Ceruzzi’s UES condo under pressure after loan falls through
New York City (Credit: iStock)

Coronavirus could set back the pro-density movement

The movement toward dense, transit-adjacent development picked up steam over the last few years, but the coronavirus pandemic might...

Coronavirus could set back the pro-density movement
An aerial of 700 Atlantic Avenue with Greenland USA CEO Hu Gang (Credit: Google Maps; Gang via CGCC)

Greenland plans 41-story resi tower at Pacific Park

Greenland USA has filed plans for a 41-story mixed-use building at its Pacific Park megaproject. The application with the...

Greenland plans 41-story resi tower at Pacific Park
Dan Doctoroff and a rendering of the project (Credit: Bloomberg New Energy Finance via Wikipedia)

Sidewalk Labs abandons Toronto smart city megaproject

Alphabet subsidiary Sidewalk Labs is abandoning a 12-acre smart city project on Toronto’s waterfront. Sidewalk Labs CEO Dan Doctoroff...

Sidewalk Labs abandons Toronto smart city megaproject
A rendering of 545 Madison's workspace

Welcome back to your post-corona office. You probably won’t recognize it

Thermal cameras, bacteria-fighting HVAC systems and contactless coffee machines. Welcome back to the office – you may not recognize...

Welcome back to your post-corona office. You probably won’t recognize it
Steven Roth (Credit: Bruce Glikas/Getty Images, Vornado)

Vornado might never reopen century-old Hotel Pennsylvania, CEO says

For more than 20 years Steven Roth has wanted to close the Hotel Pennsylvania, demolish it, and build a...

Vornado might never reopen century-old Hotel Pennsylvania, CEO says
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